TopgOptions

HOOD earnings in 5 days

Long
NASDAQ:HOOD   Robinhood Markets, Inc.
I expect a great quarter from HOOD after they listed SHIB.
I remember the substantial increase in revenues came after the DOGE listing. This time is SHIB.
But they also have great business strategies:

Robinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.

After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at 6 p.m. and they recently announced a new extension, from 7 a.m. to 8 p.m.

Robinhood could be the Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.

In the chart you can clearly see the uptrend with a $19 price target.

Looking forward to read your opinion about it.

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